AUO austral coal limited

result disappointing, page-9

  1. 281 Posts.
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    I'm in AUO for the long term but the result was poor.

    As I understand it they booked the $5.6m unrealised gain on foriegn exchange contracts as part of last years earnings but they still managed only a $4m profit. Without the fx gain they would have showed a loss of around $1m.
 
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Currently unlisted public company.

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